# Tether, Binance and $1.5 billion Iran oil network converge in US forfeiture case

https://mins.news/en/item/60055

- CryptoSlate, 2026-09-15 23:00 UTC
- Economy
- Original: https://cryptoslate.com/tether-binance-and-a-1-5-billion-iran-oil-network-converge-in-new-us-forfeiture-case/

> US prosecutors are seeking civil forfeiture of about $61.2 million in USDT allegedly linked to black-market Iranian oil sales. They describe a wider network that moved more than $1.5 billion in alleged proceeds through crypto addresses, Iran-based exchanges and Binance. Binance is not accused of wrongdoing and says it cooperated with investigators.

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